Asking India's Reliance Industries and other energy firms doing trade with Iran to choose either Tehran or Washington, US Senators have moved a bill aimed at penalising such companies.
Indian Oil Corp is ranked highest at 161st in the Fortune 500 list.
India is likely to intensify diplomatic efforts with Angola to secure clearance for ONGC Videsh Ltd's acquisition of 50 per cent interest in an oil field in the oil-rich African country.
Companies might have to shell out a fourth of the industry's annual net revenue to clear the obligation
Other shortlisted chief executives include Abdulrahman Ali Al-Abdulla of Muntajat, Peabody Energy's Gregory Boyce, Pailin Chuchottaworn of PTT Public Company Ltd, Repsol's Antonio Brufau and Ian Taylor of Vitol.
Information technology firm Patni Computer Systems on Thursday said its earnings for a financial period could be affected
Since 2000, China has had the world's largest outflow of HNIs.
This hill town has been in grip of violence since Thursday after a fight between residents of Shillong's Punjabi Line area and Khasi drivers of state-run buses.
Continuing his stand that Congress vice-president Rahul Gandhi had taken British citizenship to set up a company in the United Kingdom, Bharatiya Janata Party leader Subramanian Swamy on Wednesday said that he will ask the Enforcement Directorate to register an FIR against the former.
Oil and Natural Gas Corp (ONGC) has said its net profit will drop by over 47 per cent to below Rs 10,000 crore (Rs 100 billion) this fiscal if the government forces it to shell out a higher fuel subsidy.
The CM also announced compensation of Rs 10 lakh each for those killed during the protest and Rs 3 lakh each for the injured, government jobs for the family members of the deceased also announced.
Defying prohibitory orders, protests were held in Delhi, Bengaluru, Hyderabad and several other cities. Protesters, mostly students and activists, were detained on a large scale in national capital and other places.
The ED has now seized the property, agency sources said.
Earners in between Rs 50 lakh and Rs one crore will have to pay 10% surcharge
Earners in between Rs 50 lakh and Rs one crore will have to pay 10% surcharge
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Cairn India said it has always been fully compliant with all Indian income tax laws.
Life insurers have decided to pass on service tax to customers. The chief financial officers of life insurance companies met last Wednesday and have decided to pass on the service tax burden to customers, confirmed officials of various life insurance companies.
The total tax burden on Indian companies is one of the highest in the world and in fact more than that of businesses in major economies like the US, UK, China and Japan.
The alliance combines capabilities of both the companies to offer a set of solutions comprising connectivity, computing, storage solutions, and other technology services and applications required by Indian businesses, and will span the broad Reliance Industries ecosystem, including its existing and new businesses.
To decide whether capital gains on surrender of call options are taxable
Under the Goods and Services Tax, effective midnight of June 30, most of the financial services would attract a higher tax of 18 per cent as against 15 per cent as of now.
The petroleum ministry has rapped Reliance Industries for failing to meet its obligations of opening and operating 10 per cent of its petrol and diesel retail outlets in remote and low-service areas.
Multinational companies like Shell, Caltex, Elf and SHV that have been attracted by the huge possibility to market Liquified Petroleum Gas in India are these days waiting for their chance.
Mahindra, which emerged as the preferred bidder for SsangYong in August 2010, will now hold a 70 per cent stake in SMC, for which it has shelled out $463 million (about Rs 2,105 crore).
Amit Mistry was a wicked actor, someone who could chance a broken arm, who could take deep dives, who could ram his head into walls, all without bothering about the outcome. And, as with that closing bit, the knowledge of where he might have arrived at eludes us now, observes Sreehari Nair.
Applying balm on the wounds of the two religious groups is a better course of action for the rulers. Common sense dictates the verdict be accepted in good grace by all sides, suggests Virendra Kapoor.
Against estimates of black wealth of Rs 300 lakh crore and black money in cash of Rs 3 lakh crore by economist Arun Kumar, the PMGKY numbers fall short by a huge margin.
Many across Corporate India seem to have taken a leaf out of Modi's endorsement of healthy living through yoga.
With the frontline Indian benchmark indices trading near all-time highs ahead of the general elections that begin later this week, Marc Faber, Editor and Publisher of "The Gloom, Boom & Doom Report" tells Puneet Wadhwa that the Indian stock market is relatively expensive, especially the index (large-cap) stocks.
Sebi has initiated action against companies suspected to be existing 'only on paper'.
Goa Chief Minister Manohar Parrikar has sought an apology from the organisers of the Sunburn music festival over their reported allegations that they had to shell out money to obtain permission for hosting the event in the beach state last year.
US-based technology major IBM is contesting a claim of the revenue department which has increased the company's taxable income substantially to around Rs 11,000 crore (Rs 110 billion).
Irrespective of demonetisation and GST blues, IIM Lucknow has been able to successfully place their batch of 459 students.
The company is looking to invest more than $3 bn over the next three years.
The Emergency Border Security Supplemental Appropriations Act was passed yesterday by a voice vote in the House of Representatives.
If you aren't living under a rock, it would be hard to miss reading or hearing about the Boeing 737 MAX aircraft being grounded by over 50 nations. For those who are in the dark or still confused about the entire episode, here's a simple FAQ on the issue and what's happening around the world.
Two types of deductibles are associated with auto insurance -- compulsory and voluntary.
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